메뉴 건너뛰기




Volumn 55, Issue 1, 2006, Pages 1-20

Second-mover advantage and price leadership in Bertrand duopoly

Author keywords

Endogenous timing; First second mover advantage; Price competition; Risk dominance

Indexed keywords


EID: 33644920932     PISSN: 08998256     EISSN: 10902473     Source Type: Journal    
DOI: 10.1016/j.geb.2005.03.004     Document Type: Article
Times cited : (157)

References (41)
  • 1
    • 0002619095 scopus 로고    scopus 로고
    • Stackelberg versus Cournot equilibrium
    • R. Amir I. Grilo Stackelberg versus Cournot equilibrium Games Econ. Behav. 26 1999 1-21
    • (1999) Games Econ. Behav. , vol.26 , pp. 1-21
    • Amir, R.1    Grilo, I.2
  • 2
    • 0002420770 scopus 로고
    • Endogenous timing in two-player games: A counterexample
    • R. Amir Endogenous timing in two-player games: A counterexample Games Econ. Behav. 9 1995 234-237
    • (1995) Games Econ. Behav. , vol.9 , pp. 234-237
    • Amir, R.1
  • 3
    • 33644895077 scopus 로고    scopus 로고
    • Demand-induced endogenous price leadership
    • R. Amir I. Grilo J. Jin Demand-induced endogenous price leadership Int. Game Theory Rev. 1 1999 219-240
    • (1999) Int. Game Theory Rev. , vol.1 , pp. 219-240
    • Amir, R.1    Grilo, I.2    Jin, J.3
  • 4
    • 0000881381 scopus 로고
    • Stackelberg vs. Cournot oligopoly equilibrium
    • S. Anderson M. Engers Stackelberg vs. Cournot oligopoly equilibrium Int. J. Ind. Organ. 10 1992 127-135
    • (1992) Int. J. Ind. Organ. , vol.10 , pp. 127-135
    • Anderson, S.1    Engers, M.2
  • 5
    • 0001440172 scopus 로고
    • Stackelberg solvable games and preplay communication
    • C. d'Aspremont L.-A. Gerard-Varet Stackelberg solvable games and preplay communication J. Econ. Theory 23 1980 201-217
    • (1980) J. Econ. Theory , vol.23 , pp. 201-217
    • d'Aspremont, C.1    Gerard-Varet, L.-A.2
  • 6
    • 38249037841 scopus 로고
    • Being a leader or a follower: Reflections on the distribution of roles in duopoly
    • M. Boyer M. Moreaux Being a leader or a follower: Reflections on the distribution of roles in duopoly Int. J. Ind. Organ. 5 1987 175-192
    • (1987) Int. J. Ind. Organ. , vol.5 , pp. 175-192
    • Boyer, M.1    Moreaux, M.2
  • 7
    • 0346673670 scopus 로고    scopus 로고
    • Risk dominance selects the leader: An experimental analysis
    • A. Cabrales W. Garcia-Fontes M. Motta Risk dominance selects the leader: An experimental analysis Int. J. Ind. Organ. 18 2000 137-162
    • (2000) Int. J. Ind. Organ. , vol.18 , pp. 137-162
    • Cabrales, A.1    Garcia-Fontes, W.2    Motta, M.3
  • 8
    • 0002361049 scopus 로고
    • Aggregation and imperfect competition: On the existence of equilibrium
    • A. Caplin B. Nalebuff Aggregation and imperfect competition: On the existence of equilibrium Econometrica 59 1991 25-69
    • (1991) Econometrica , vol.59 , pp. 25-69
    • Caplin, A.1    Nalebuff, B.2
  • 9
    • 0000634267 scopus 로고
    • Most-favored pricing policy and tacit collusion
    • T. Cooper Most-favored pricing policy and tacit collusion RAND J. Econ. 17 1986 377-388
    • (1986) RAND J. Econ. , vol.17 , pp. 377-388
    • Cooper, T.1
  • 10
    • 0001715161 scopus 로고
    • Selection criteria in coordination games: Some experimental results
    • R. Cooper D. DeJong R. Forsythe T. Ross Selection criteria in coordination games: Some experimental results Amer. Econ. Rev. 80 1990 218-233
    • (1990) Amer. Econ. Rev. , vol.80 , pp. 218-233
    • Cooper, R.1    DeJong, D.2    Forsythe, R.3    Ross, T.4
  • 11
    • 0030210767 scopus 로고    scopus 로고
    • Commitment-robust equilibria and endogenous timing
    • E. van Damme S. Hurkens Commitment-robust equilibria and endogenous timing Games Econ. Behav. 15 1996 290-311
    • (1996) Games Econ. Behav. , vol.15 , pp. 290-311
    • van Damme, E.1    Hurkens, S.2
  • 13
  • 14
    • 0039569045 scopus 로고
    • Beneficial concentration
    • A. Daughety Beneficial concentration Amer. Econ. Rev. 80 1990 1231-1237
    • (1990) Amer. Econ. Rev. , vol.80 , pp. 1231-1237
    • Daughety, A.1
  • 15
    • 21444459205 scopus 로고
    • Asymmetric information acquisition and behavior in role choice models: An endogenously generated signaling game
    • A. Daughety J. Reinganum Asymmetric information acquisition and behavior in role choice models: An endogenously generated signaling game Int. Econ. Rev. 35 1994 795-819
    • (1994) Int. Econ. Rev. , vol.35 , pp. 795-819
    • Daughety, A.1    Reinganum, J.2
  • 17
    • 0001287390 scopus 로고
    • Von Stackelberg and Cournot duopoly: Choosing roles
    • S. Dowrick Von Stackelberg and Cournot duopoly: Choosing roles RAND J. Econ. 17 1986 251-260
    • (1986) RAND J. Econ. , vol.17 , pp. 251-260
    • Dowrick, S.1
  • 18
    • 0001601690 scopus 로고
    • Learning, local interaction and coordination
    • G. Ellison Learning, local interaction and coordination Econometrica 61 1993 1047-1071
    • (1993) Econometrica , vol.61 , pp. 1047-1071
    • Ellison, G.1
  • 21
    • 49249146395 scopus 로고
    • Price competition, quality and income disparities
    • J. Gabszewicz J. Thisse Price competition, quality and income disparities J. Econ. Theory 20 1979 340-359
    • (1979) J. Econ. Theory , vol.20 , pp. 340-359
    • Gabszewicz, J.1    Thisse, J.2
  • 22
    • 0000618950 scopus 로고
    • First mover and second mover advantages
    • E. Gal-Or First mover and second mover advantages Int. Econ. Rev. 26 1985 649-653
    • (1985) Int. Econ. Rev. , vol.26 , pp. 649-653
    • Gal-Or, E.1
  • 23
    • 0001771974 scopus 로고
    • Endogenous timing in duopoly games: Stackelberg or Cournot equilibria
    • J. Hamilton S. Slutsky Endogenous timing in duopoly games: Stackelberg or Cournot equilibria Games Econ. Behav. 2 1990 29-46
    • (1990) Games Econ. Behav. , vol.2 , pp. 29-46
    • Hamilton, J.1    Slutsky, S.2
  • 25
    • 0002730095 scopus 로고
    • Learning, mutation, and long-run equilibria in games
    • M. Kandori G. Mailath R. Rob Learning, mutation, and long-run equilibria in games Econometrica 61 1993 29-56
    • (1993) Econometrica , vol.61 , pp. 29-56
    • Kandori, M.1    Mailath, G.2    Rob, R.3
  • 26
    • 1642424508 scopus 로고
    • More efficient rent-seeking - A Munchhausen solution
    • W. Leininger More efficient rent-seeking - a Munchhausen solution Public Choice 75 1993 43-62
    • (1993) Public Choice , vol.75 , pp. 43-62
    • Leininger, W.1
  • 27
    • 38249006016 scopus 로고
    • Endogenous sequencing of firm decisions
    • G. Mailath Endogenous sequencing of firm decisions J. Econ. Theory 59 1993 169-182
    • (1993) J. Econ. Theory , vol.59 , pp. 169-182
    • Mailath, G.1
  • 28
    • 0010817255 scopus 로고
    • The nature and significance of price leadership
    • J. Markham The nature and significance of price leadership Amer. Econ. Rev. 41 1951 891-905
    • (1951) Amer. Econ. Rev. , vol.41 , pp. 891-905
    • Markham, J.1
  • 29
    • 0000175219 scopus 로고
    • Rationalizability, learning, and equilibrium in games with strategic complementarities
    • P. Milgrom J. Roberts Rationalizability, learning, and equilibrium in games with strategic complementarities Econometrica 58 1990 1255-1278
    • (1990) Econometrica , vol.58 , pp. 1255-1278
    • Milgrom, P.1    Roberts, J.2
  • 30
    • 0346332896 scopus 로고    scopus 로고
    • Cost of delay and endogenous price leadership
    • I. Pastine T. Pastine Cost of delay and endogenous price leadership Int. J. Ind. Organ. 22 2004 135-145
    • (2004) Int. J. Ind. Organ. , vol.22 , pp. 135-145
    • Pastine, I.1    Pastine, T.2
  • 31
    • 0003297615 scopus 로고
    • Duopoly with endogenous strategic timing: Stackelberg regained
    • A. Robson Duopoly with endogenous strategic timing: Stackelberg regained Int. Econ. Rev. 31 1990 263-274
    • (1990) Int. Econ. Rev. , vol.31 , pp. 263-274
    • Robson, A.1
  • 32
    • 0011520962 scopus 로고
    • A note on robustness of equilibria with respect to commitment opportunities
    • R. Rosenthal A note on robustness of equilibria with respect to commitment opportunities Games Econ. Behav. 3 1991 237-243
    • (1991) Games Econ. Behav. , vol.3 , pp. 237-243
    • Rosenthal, R.1
  • 33
    • 0003288729 scopus 로고
    • Practices that (credibly) facilitate oligopoly coordination
    • J. Stiglitz G. Mathewson MIT Press Cambridge, MA
    • S. Salop Practices that (credibly) facilitate oligopoly coordination J. Stiglitz G. Mathewson New Developments in the Analysis of Market Structure 1986 MIT Press Cambridge, MA
    • (1986) New Developments in the Analysis of Market Structure
    • Salop, S.1
  • 35
    • 33644910455 scopus 로고    scopus 로고
    • Follower payoffs in symmetric duopoly games
    • Research report LSE-CDAM 2003-14 LSE
    • von Stengel, B., 2003. Follower payoffs in symmetric duopoly games. Research report LSE-CDAM 2003-14, LSE
    • (2003)
    • von Stengel, B.1
  • 36
    • 0000731320 scopus 로고
    • The kinked oligopoly demand curve and rigid prices
    • G. Stigler The kinked oligopoly demand curve and rigid prices J. Polit. Economy 55 1947 432-449
    • (1947) J. Polit. Economy , vol.55 , pp. 432-449
    • Stigler, G.1
  • 37
    • 84972541021 scopus 로고
    • A lattice-theoretical fixed-point theorem and its applications
    • A. Tarski A lattice-theoretical fixed-point theorem and its applications Pacific J. Math. 5 1955 285-309
    • (1955) Pacific J. Math. , vol.5 , pp. 285-309
    • Tarski, A.1
  • 38
    • 0000348040 scopus 로고
    • Minimizing a submodular function on a lattice
    • D. Topkis Minimizing a submodular function on a lattice Operations Res. 26 1978 305-321
    • (1978) Operations Res. , vol.26 , pp. 305-321
    • Topkis, D.1
  • 39
    • 0000470297 scopus 로고
    • Tacit coordination games, strategic uncertainty, and coordination failure
    • J. Van Huyck R. Battalio R. Beil Tacit coordination games, strategic uncertainty, and coordination failure Amer. Econ. Rev. 80 1990 234-248
    • (1990) Amer. Econ. Rev. , vol.80 , pp. 234-248
    • Van Huyck, J.1    Battalio, R.2    Beil, R.3
  • 40
    • 44949269402 scopus 로고
    • Nash equilibrium with strategic complementarities
    • X. Vives Nash equilibrium with strategic complementarities J. Math. Econ. 19 1990 305-321
    • (1990) J. Math. Econ. , vol.19 , pp. 305-321
    • Vives, X.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.